Latest news with #SalehuddinAhmed
United News of India
15 hours ago
- Business
- United News of India
Bangladesh interim government to convert PM House into a museum
Dhaka, July 15 (UNI) The Bangladesh interim government today decided to convert the Prime Minister's official residence - the Gonobhabhan – built by 'Bangabandhu' Sheikh Mujibur Rahman into a museum dedicated to the July Uprising, a top adviser said. Titled the 'July Uprising Memorial Museum', the memorial is built at a price of $9.2 million, reports Business Standard BD. Two proposals for completing the project by August 5 through direct procurement were approved during the day at a meeting of the Economic Affairs Advisory Committee, chaired by Financial Advisor Salehuddin Ahmed. Speaking to reporters at the Secretariat following the meeting, the finance advisor confirmed that the museum will feature both electro-mechanical (E/M) and civil development components. The E/M segment includes electrical wiring, switches, and related systems, while the civil portion covers the remainder of the structural work. The decision to turn the residence into a museum was approved in a previous session of the advisory council last year, though it was not enacted for a while. The museum will open on August 5, to mark the victory of the July Uprising, which saw the resignation and departure of ex-PM Sheikh Hasina last year. UNI ANV SSP
CTV News
08-07-2025
- Business
- CTV News
A look at the countries that received Trump's tariff letters
President Donald Trump sent letters to 14 countries Monday outlining higher tariffs they'll face if they don't make trade deals with the U.S. by Aug. 1. In the letters, which were posted on Truth Social, Trump warned countries that they would face even higher tariffs if they retaliated by increasing their own import taxes. Here's a look at the countries that got tariff letters Monday: Myanmar Tariff rate: 40 per cent Key exports to the U.S.: Clothing, leather goods, seafood Laos Tariff rate: 40 per cent Key exports to the U.S.: Shoes with textile uppers, wood furniture, electronic components, optical fiber Cambodia Tariff rate: 36 per cent Key exports to the U.S.: Textiles, clothing, shoes, bicycles Thailand Tariff rate: 36 per cent Key exports to the U.S.: Computer parts, rubber products and gemstones Response: Thailand's Deputy Prime Minister Pichai Chunhavajira said Thailand will continue to push for tariffs negotiations with the United States. Thailand on Sunday submitted a new proposal that includes opening the Thai market for more American agricultural and industrial products and increasing imports of energy and aircraft. Bangladesh Tariff rate: 35 per cent Key export to the U.S.: Clothing Response: Bangladesh's finance adviser Salehuddin Ahmed said Bangladesh hopes to negotiate for a better outcome. There are concerns that additional tariffs would make Bangladesh's garment exports less competitive with countries like Vietnam and India. Serbia Tariff rate: 35 per cent Key exports to the U.S.: Software and IT services; car tires Indonesia Tariff rate: 32 per cent Key exports to the U.S.: Palm oil, cocoa butter, semiconductors Bosnia and Herzegovina Tariff rate: 30 per cent Key exports to the U.S.: Weapons and ammunition South Africa Tariff rate: 30 per cent Key exports to the U.S.: Platinum, diamonds, vehicles and auto parts Response: The office of South African President Cyril Ramaphosa said in a statement that the tariff rates announced by Trump mischaracterized the trade relationship with the U.S., but it would 'continue with its diplomatic efforts towards a more balanced and mutually beneficial trade relationship with the United States' after having proposed a trade framework on May 20. Japan Tariff rate: 25 per cent Key exports to the U.S.: Autos, auto parts, electronics Response: Japanese Prime Minister Shigeru Ishiba called the tariff 'extremely regrettable' but said he was determined to continue negotiating. Ishiba said Trump's tariff rate is lower than the levels he had threatened earlier and opens the way for further negotiations. Kazakhstan Tariff rate: 25 per cent Key exports to the U.S.: Oil, uranium, ferroalloys and silver Malaysia Tariff rate: 25 per cent Key exports to the U.S.: Electronics and electrical products Response: Malaysia's government said it will pursue talks with the U.S. A cabinet meeting is scheduled for Wednesday. South Korea Tariff rate: 25 per cent Key exports to the U.S.: Vehicles, machinery, electronics Response: South Korea's Trade Ministry said early Tuesday that it will accelerate negotiations with the United States to achieve a deal before the 25% tax on its exports goes into effect. Tunisia Tariff rate: 25 per cent Key exports to the U.S.: Animal and vegetable fats, clothing, fruit and nuts The Associated Press
The Independent
08-07-2025
- Business
- The Independent
A look at the countries that received Trump's tariff letters
President Donald Trump sent letters to 14 countries Monday outlining higher tariffs they'll face if they don't make trade deals with the U.S. by Aug. 1. In the letters, which were posted on Truth Social, Trump warned countries that they would face even higher tariffs if they retaliated by increasing their own import taxes. Here's a look at the countries that got tariff letters Monday: Myanmar Tariff rate: 40% Key exports to the U.S.: Clothing, leather goods, seafood Laos Tariff rate: 40% Key exports to the U.S.: Shoes with textile uppers, wood furniture, electronic components, optical fiber Cambodia Tariff rate: 36% Key exports to the U.S.: Textiles, clothing, shoes, bicycles Thailand Tariff rate: 36% Key exports to the U.S.: Computer parts, rubber products and gemstones Response: Thailand's Deputy Prime Minister Pichai Chunhavajira said Thailand will continue to push for tariffs negotiations with the United States. Thailand on Sunday submitted a new proposal that includes opening the Thai market for more American agricultural and industrial products and increasing imports of energy and aircraft. Bangladesh Tariff rate: 35% Key export to the U.S.: Clothing Response: Bangladesh's finance adviser Salehuddin Ahmed said Bangladesh hopes to negotiate for a better outcome. There are concerns that additional tariffs would make Bangladesh's garment exports less competitive with countries like Vietnam and India. Serbia Tariff rate: 35% Key exports to the U.S.: Software and IT services; car tires Indonesia Tariff rate: 32% Key exports to the U.S.: Palm oil, cocoa butter, semiconductors Bosnia and Herzegovina Tariff rate: 30% Key exports to the U.S.: Weapons and ammunition South Africa Tariff rate: 30% Key exports to the U.S.: Platinum, diamonds, vehicles and auto parts Response: The office of South African President Cyril Ramaphosa said in a statement that the tariff rates announced by Trump mischaracterized the trade relationship with the U.S., but it would 'continue with its diplomatic efforts towards a more balanced and mutually beneficial trade relationship with the United States' after having proposed a trade framework on May 20. Japan Tariff rate: 25% Key exports to the U.S.: Autos, auto parts, electronics Response: Japanese Prime Minister Shigeru Ishiba called the tariff 'extremely regrettable' but said he was determined to continue negotiating. Ishiba said Trump's tariff rate is lower than the levels he had threatened earlier and opens the way for further negotiations. Kazakhstan Tariff rate: 25% Key exports to the U.S.: Oil, uranium, ferroalloys and silver Malaysia Tariff rate: 25% Key exports to the U.S.: Electronics and electrical products Response: Malaysia's government said it will pursue talks with the U.S. A cabinet meeting is scheduled for Wednesday. South Korea Tariff rate: 25% Key exports to the U.S.: Vehicles, machinery, electronics Response: South Korea's Trade Ministry said early Tuesday that it will accelerate negotiations with the United States to achieve a deal before the 25% tax on its exports goes into effect. Tunisia Tariff rate: 25%
Yahoo
08-07-2025
- Business
- Yahoo
A look at the countries that received Trump's tariff letters
President Donald Trump sent letters to 14 countries Monday outlining higher tariffs they'll face if they don't make trade deals with the U.S. by Aug. 1. In the letters, which were posted on Truth Social, Trump warned countries that they would face even higher tariffs if they retaliated by increasing their own import taxes. Here's a look at the countries that got tariff letters Monday: Myanmar Tariff rate: 40% Key exports to the U.S.: Clothing, leather goods, seafood Laos Tariff rate: 40% Key exports to the U.S.: Shoes with textile uppers, wood furniture, electronic components, optical fiber Cambodia Tariff rate: 36% Key exports to the U.S.: Textiles, clothing, shoes, bicycles Thailand Tariff rate: 36% Key exports to the U.S.: Computer parts, rubber products and gemstones Response: Thailand's Deputy Prime Minister Pichai Chunhavajira said Thailand will continue to push for tariffs negotiations with the United States. Thailand on Sunday submitted a new proposal that includes opening the Thai market for more American agricultural and industrial products and increasing imports of energy and aircraft. Bangladesh Tariff rate: 35% Key export to the U.S.: Clothing Response: Bangladesh's finance adviser Salehuddin Ahmed said Bangladesh hopes to negotiate for a better outcome. There are concerns that additional tariffs would make Bangladesh's garment exports less competitive with countries like Vietnam and India. Serbia Tariff rate: 35% Key exports to the U.S.: Software and IT services; car tires Indonesia Tariff rate: 32% Key exports to the U.S.: Palm oil, cocoa butter, semiconductors Bosnia and Herzegovina Tariff rate: 30% Key exports to the U.S.: Weapons and ammunition South Africa Tariff rate: 30% Key exports to the U.S.: Platinum, diamonds, vehicles and auto parts Response: The office of South African President Cyril Ramaphosa said in a statement that the tariff rates announced by Trump mischaracterized the trade relationship with the U.S., but it would 'continue with its diplomatic efforts towards a more balanced and mutually beneficial trade relationship with the United States' after having proposed a trade framework on May 20. Japan Tariff rate: 25% Key exports to the U.S.: Autos, auto parts, electronics Response: Japanese Prime Minister Shigeru Ishiba called the tariff 'extremely regrettable' but said he was determined to continue negotiating. Ishiba said Trump's tariff rate is lower than the levels he had threatened earlier and opens the way for further negotiations. Kazakhstan Tariff rate: 25% Key exports to the U.S.: Oil, uranium, ferroalloys and silver Malaysia Tariff rate: 25% Key exports to the U.S.: Electronics and electrical products Response: Malaysia's government said it will pursue talks with the U.S. A cabinet meeting is scheduled for Wednesday. South Korea Tariff rate: 25% Key exports to the U.S.: Vehicles, machinery, electronics Response: South Korea's Trade Ministry said early Tuesday that it will accelerate negotiations with the United States to achieve a deal before the 25% tax on its exports goes into effect. Tunisia Tariff rate: 25% Key exports to the U.S.: Animal and vegetable fats, clothing, fruit and nuts Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
08-07-2025
- Business
- Associated Press
A look at the countries that received Trump's tariff letters
President Donald Trump sent letters to 14 countries Monday outlining higher tariffs they'll face if they don't make trade deals with the U.S. by Aug. 1. In the letters, which were posted on Truth Social, Trump warned countries that they would face even higher tariffs if they retaliated by increasing their own import taxes. Here's a look at the countries that got tariff letters Monday: Myanmar Tariff rate: 40% Key exports to the U.S.: Clothing, leather goods, seafood Laos Tariff rate: 40% Key exports to the U.S.: Shoes with textile uppers, wood furniture, electronic components, optical fiber Cambodia Tariff rate: 36% Key exports to the U.S.: Textiles, clothing, shoes, bicycles Thailand Tariff rate: 36% Key exports to the U.S.: Computer parts, rubber products and gemstones Response: Thailand's Deputy Prime Minister Pichai Chunhavajira said Thailand will continue to push for tariffs negotiations with the United States. Thailand on Sunday submitted a new proposal that includes opening the Thai market for more American agricultural and industrial products and increasing imports of energy and aircraft. Bangladesh Tariff rate: 35% Key export to the U.S.: Clothing Response: Bangladesh's finance adviser Salehuddin Ahmed said Bangladesh hopes to negotiate for a better outcome. There are concerns that additional tariffs would make Bangladesh's garment exports less competitive with countries like Vietnam and India. Serbia Tariff rate: 35% Key exports to the U.S.: Software and IT services; car tires Indonesia Tariff rate: 32% Key exports to the U.S.: Palm oil, cocoa butter, semiconductors Bosnia and Herzegovina Tariff rate: 30% Key exports to the U.S.: Weapons and ammunition South Africa Tariff rate: 30% Key exports to the U.S.: Platinum, diamonds, vehicles and auto parts Response: The office of South African President Cyril Ramaphosa said in a statement that the tariff rates announced by Trump mischaracterized the trade relationship with the U.S., but it would 'continue with its diplomatic efforts towards a more balanced and mutually beneficial trade relationship with the United States' after having proposed a trade framework on May 20. Japan Tariff rate: 25% Key exports to the U.S.: Autos, auto parts, electronics Response: Japanese Prime Minister Shigeru Ishiba called the tariff 'extremely regrettable' but said he was determined to continue negotiating. Ishiba said Trump's tariff rate is lower than the levels he had threatened earlier and opens the way for further negotiations. Kazakhstan Tariff rate: 25% Key exports to the U.S.: Oil, uranium, ferroalloys and silver Malaysia Tariff rate: 25% Key exports to the U.S.: Electronics and electrical products Response: Malaysia's government said it will pursue talks with the U.S. A cabinet meeting is scheduled for Wednesday. South Korea Tariff rate: 25% Key exports to the U.S.: Vehicles, machinery, electronics Response: South Korea's Trade Ministry said early Tuesday that it will accelerate negotiations with the United States to achieve a deal before the 25% tax on its exports goes into effect. Tunisia Tariff rate: 25% Key exports to the U.S.: Animal and vegetable fats, clothing, fruit and nuts
